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The preparation of a new law to balance the 2019 and change the price of a barrel of oil

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The preparation of a new law to balance the 2019 and change the price of a barrel of oil Empty The preparation of a new law to balance the 2019 and change the price of a barrel of oil

Post  Admin Fri Nov 30, 2018 9:13 am

Economic development 30/11/2018 249


A member of the parliamentary finance committee, Sherwan Mirza, on Friday, the promise of the State Financial Committee to reformulate the draft budget of the House of Representatives and radically changed from all aspects, items and materials as a whole.

Mirza said in a press statement, "We are waiting for the return of the Finance Committee ministerial tasked with working with the Parliamentary Finance Committee to diagnose points of disagreement draft budget law prepared by the previous government."

He explained that "the government committee when I met with the Finance Committee in the House of Representatives a few days ago and promised to change the content of the federal budget and we are waiting for a return to the formulation of a new project."

Mirza said that "the presence of the Maronite project in the committee formed by the Council of Ministers to change the draft law," noting that "the Finance Committee and the Parliament is waiting for another project."

The member of the Committee for "change in the share of the Kurdistan region and the Peshmerga receivables and non-constitutional names used in the project as well as the allocation of budget for the province of Halabja, which was introduced recently."

He added that "the financial specialization of all Iraqi provinces will change, and we have made our observation and seen as a parliamentary financial committee on the draft budget in all respects with the introduction of the State Finance Committee all the observations and proposals that we have submitted."

He noted member of the Committee Mirza to "the existence of a problem facing the amendment of the draft federal budget is a significant decline in oil prices and revenues, we await the government committee to see how the federal government will face this problem."

He revealed "a proposal by Prime Minister Adel Abdul Mahdi, to determine the price of a barrel of oil by 50 dollars instead of 56 dollars, and this will lead to a deficit more than the federal budget."


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